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Eurozone Inflation Jumps to 3.2% in May, Fueling ECB Rate‑Hike Speculation
Global Economy
•June 2nd, 2026

Eurozone Inflation Jumps to 3.2% in May, Fueling ECB Rate‑Hike Speculation

Eurostat reports that consumer prices across the euro area accelerated to 3.2 % year‑on‑year in May, up from 3.0 % in April. The rise is driven by higher energy costs linked to the Middle‑East conflict and broader increases in services and industrial goods. Core inflation also slipped above forecast...

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